Oil Inches Higher Day Before OPEC Meeting- 29 November, 2017

International benchmark for oil prices were at $62.74 per barrel, 21 cents higher, the day before OPEC is scheduled to hold a meeting in Vienna along with representatives from other oil producing companies. West Texas Intermediate is up 11 cents to $57.41 per barrel, while trading activity in Asia was low. OPEC will discuss some of its biggest concerns, including U.S. output, which hit a record high at 9.68 million barrels per day last week.